Raymond T. Chan
Director
Ray Chan is a corporate director, having retired from the oil and gas industry in 2019 after a career
spanning almost 40 years. He was employed by Baytex Energy Corp. starting in 1998, serving in various
capacities over the years as Chief Financial Officer, Chief Executive Officer, Executive Chair,
Independent Chair and Lead Independent Director.
In addition to having served on the boards of a number of public and private oil and gas entities, Ray was
also a director of TMX Group Inc. and the Alberta Children’s Hospital Foundation.
Ray was a member of The Committee on the Future of Corporate Governance sponsored by the TMX
Group and Institute of Corporate Directors. The report of this Committee, entitled Charting the Future of
Canadian Governance: A Principled Approach to Navigating Rising Expectations for Boards of Directors,
was published in December 2022.
Ray obtained a Bachelor of Commerce from the University of Saskatchewan and is a Chartered
Professional Accountant and Chartered Accountant.